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Oct 15, 2012
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citi beat, jpmorgan beat, wells fargo has a little problem with margins but most of the all the bank stocks were on the upside. good day for drug stocks but lily with positive results on gastric cancer drug and abbott with positive from hepatitis c drug. most stocks near 52-week highs. >>> there could be a lot of market catalyst this week with nearly 16% of the s&p 500 set to report earnings for the last quarter. mary thompson breaking it down with the big names on the earnings calendar. >> you know that 12 of the dow 30 report tomorrow. five tomorrow, cluntd newest member united health care. investors will be keeping a close eye on coca-cola's report for hints about consumer sentiment. intel will be reporting and investors will be keeping a close eye on that for clues about demand for pcs, as well as the impact on wayning pc demand. how that will impact the average selling price of intel's chips. bank of america reports before the bell. investors will focus on any growth in the bank's businesses. american express reports after the bell. i know vesters focus there on how the firm is
citi beat, jpmorgan beat, wells fargo has a little problem with margins but most of the all the bank stocks were on the upside. good day for drug stocks but lily with positive results on gastric cancer drug and abbott with positive from hepatitis c drug. most stocks near 52-week highs. >>> there could be a lot of market catalyst this week with nearly 16% of the s&p 500 set to report earnings for the last quarter. mary thompson breaking it down with the big names on the earnings...
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Oct 17, 2012
10/12
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citi overvalued the joint venture it has with morgan stanley. last friday, a person who saw pandit in tokyo said he didn't speak like a man about to lose his job. all of this combing to the fore on monday. that's when citi reported very strong third-quarter earnings. pandit gives no hint on an analyst call he's about to resign. sources say the bank's recent m missteps and differences between pandit and o'neill led to his resignation late monday. one top citi official telling cnbc there had been conversations about pandit and the board about his leaving for multiple weeks. the board having already identified a successor. so after pandit resigns, some of the members of the operating committee were told about the resignation monday evening. others on a call on tuesday morning. that's when long-time pandit lieutenant john havens he signed as well. the public announcement later tuesday morning a surprise to citi employees. citi still needs to fill havens' job as president and c.o.o. right now, the co-head of citi's investment bank is said to be the f
citi overvalued the joint venture it has with morgan stanley. last friday, a person who saw pandit in tokyo said he didn't speak like a man about to lose his job. all of this combing to the fore on monday. that's when citi reported very strong third-quarter earnings. pandit gives no hint on an analyst call he's about to resign. sources say the bank's recent m missteps and differences between pandit and o'neill led to his resignation late monday. one top citi official telling cnbc there had been...
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Oct 31, 2012
10/12
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it comes as no shock since the storm made landfall here. >> it hit just south of atlantic city, the gambling and tourist destination, leaving residents who defied the mandatory evacuation order stranded. dozens had to be rescued from shelters of last resort where the power failed. in northern new jersey, more search and rescue. after a tidal surge pushed a river over its banks. residents said the water rose five feet in a matter of minutes. >> it was like a lake in our basement. and it filled up all wayp to our stairs. >> there was no phone lines. electricity was out and all our phones were out. we couldn't call absolutely nobody. >> reporter: across the state, 2.4 million customers, 60% of the population, have no power. the worst of it was probably right along the coast, in towns like point pleasant beach, where this morning some who chose to ride out the storm told of an unbelievable experience. >> it was almost surreal, i think. very surreal. just the power and the awe of everything going on. >> reporter: the town sits behind a huge line of sand dunes built to protect it. but last night,
it comes as no shock since the storm made landfall here. >> it hit just south of atlantic city, the gambling and tourist destination, leaving residents who defied the mandatory evacuation order stranded. dozens had to be rescued from shelters of last resort where the power failed. in northern new jersey, more search and rescue. after a tidal surge pushed a river over its banks. residents said the water rose five feet in a matter of minutes. >> it was like a lake in our basement. and...
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Oct 17, 2012
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the power plant was like 200 jobs in salem and it represented about 13% of the city's taxable income. it was seen as a really big deal. and it really started romney's tenure as governor with a great backing of environmental al advs were really happy. >> put it into perspective for us then. was romney going after that salem station specifically or was there a take-away that this was a bigger picture and maybe he's changed his tune? >> yeah. so what romney was -- romney was very clear during his administration. he wanted strict environmental regulations on coal. in fact, during his administration, massachusetts passed the strictest mercury policy for power plants in the nation, rules that the epa are now basically following. so his issue was always public health. it was never we don't like coal. that was the take-away point from his entire tenure as governor. it's really interesting, he does seem to have a different tune now. he doesn't seem to be supporting those sort of strict regulations anymore whatsoever. and that's the big change. >> beth, thank you very much for those thoughts. w
the power plant was like 200 jobs in salem and it represented about 13% of the city's taxable income. it was seen as a really big deal. and it really started romney's tenure as governor with a great backing of environmental al advs were really happy. >> put it into perspective for us then. was romney going after that salem station specifically or was there a take-away that this was a bigger picture and maybe he's changed his tune? >> yeah. so what romney was -- romney was very clear...
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Oct 21, 2012
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it's an busy and important time for your portfolio and the economy for sure. here's ken rogoff, professor of economics at harvard. wonderful to have you back on the program, welcome. >> thank you, maria. >> tell us broadly what impact you think either candidate would have on the economy and you're not affiliated or advising either campaign, yes? >> i'm not. i mean, if they got their vision put in place, then i think they very different. my best guess is that congress will resist whichever candidate becomes president and will sort of continue to muddle along. but, i think broadly president obama puts much more emphasis on reducing unequality and governor romney puts more emphasis on growth. they tell you we want everything and governor romney might say something about inequality, but broadly speaking that implies probably somewhat forward growth under president obama, maybe not for middle income americans and faster growth under romney. although, of course, we don't know exactly romney's plan but i think what he has in mind is a big tax cut, reagan/bush like, h
it's an busy and important time for your portfolio and the economy for sure. here's ken rogoff, professor of economics at harvard. wonderful to have you back on the program, welcome. >> thank you, maria. >> tell us broadly what impact you think either candidate would have on the economy and you're not affiliated or advising either campaign, yes? >> i'm not. i mean, if they got their vision put in place, then i think they very different. my best guess is that congress will...
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Oct 11, 2012
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what makes a market, this is "fast money." >>> live from the nasdaq market site in new york city, i'm melissa lee. apple loses altitude, is the weakness in technology a canary in the coal mine for the broader market? and at this point, you've got to wonder whether or not tech is showing signs of some sort of breakdown. >> that's a huge issue. in october, tech is now down 3% for the month. and there's divergence in the sector performance. you have financials up three, tech's down three, and you've got the general, which is apple leading on the way down. if you look at that draw down in apple, and it is becoming more of a draw down than a correction. it's 10.5% from the bernanke top. there's a lot of stuff with blow off tops up there, bernanke's got a lot of liabilities that people have to chase. you look at what's happened in the commodities and leaders and that's the suspect part of this market is that everything that was working all of a sudden other than the financials isn't working. >> there are a lot of people out there saying this is "fast money," oh, they're alarmists. >> who sa
what makes a market, this is "fast money." >>> live from the nasdaq market site in new york city, i'm melissa lee. apple loses altitude, is the weakness in technology a canary in the coal mine for the broader market? and at this point, you've got to wonder whether or not tech is showing signs of some sort of breakdown. >> that's a huge issue. in october, tech is now down 3% for the month. and there's divergence in the sector performance. you have financials up three,...
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Oct 22, 2012
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fans could walk through jay-z's life right where it happened finding pages in 13 major cities in the u.s. and abroad. >> andrew essex, the boss at droga5 is up next. maybe he can give advice to marissa meyer. >>> apple may not be unveiling the ipad mini until tomorrow but we're giving you a special sneak peek after the break. stay with us. that's after the break. >>> welcome back to "fast money" live at the nasdaq market site. facebook's third quarter earnings results are due out tomorrow. one of its biggest growth engines, mobile, could be one of its biggest risks. is the race to mobile through tablets and smartphones killing technology both old and new? joining us now, andrew essex, ceo of advertising team droga5 whose clients include kraft, coca cola, hennessy, it goes on and on. look at the screen if you want to know more of the names. can anybody monetize mobile? is it possible to make money on a tiny screen like that? >> it's definitely possible. i don't think facebook is the problem, yahoo! is is not the problem. it's how they behave on the platforms. tons of people using face
fans could walk through jay-z's life right where it happened finding pages in 13 major cities in the u.s. and abroad. >> andrew essex, the boss at droga5 is up next. maybe he can give advice to marissa meyer. >>> apple may not be unveiling the ipad mini until tomorrow but we're giving you a special sneak peek after the break. stay with us. that's after the break. >>> welcome back to "fast money" live at the nasdaq market site. facebook's third quarter earnings...
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Oct 4, 2012
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city. we've laid out the numbers. the firm manages more money than the federal reserve, more than $3.5 trillion. the question is, how are they putting their money to work in today's environment? and how are clients allocating capital today? joining me now in a cnbc exclusive are two people at the forefront of those decisions. quinton price and robert kapito, the president of black rock. gentlemen, good to have you on the program. thank you so much for joining us. let me start with quinton, since i don't think you've been with us before. nice to have you on the program. you are the global head of the alpha strategies group. really, a global opportunity for allocating capital. to what do you attribute the rally today? was it the ecb, do you think? was it the election last night? what's going on? the debate, rather. >> europe has been driving the market for months. ever since draghi made his comments, going back two months, we've seen confidence flowing back into equities. we've removed the do
city. we've laid out the numbers. the firm manages more money than the federal reserve, more than $3.5 trillion. the question is, how are they putting their money to work in today's environment? and how are clients allocating capital today? joining me now in a cnbc exclusive are two people at the forefront of those decisions. quinton price and robert kapito, the president of black rock. gentlemen, good to have you on the program. thank you so much for joining us. let me start with quinton,...
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Oct 22, 2012
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also claims to the deal won't bring net benefits to the country. supporters say that the government has been short on the precise reasons as to why they have blocked this deal and they have been short on transparent city. what we know is petro bass has 30 days in which to adjust the terms before a final decision is made. speaking to us here the energy minister was very pragmatic and there were alternative investments that malaysia could pursue. >> if we have an opportunity to i in-vest in canada, of course we will be happy. on the other hand, if canada finds that such investment is not welcome, then we will go to other countries. >> at $5.2 billion, this isn't a blockbuster deal. but if the progress does fall over, it could spell trouble for the $15.1 billion acquisition of maximenergy. the other is the broaden asian angle. canada cannot afford to ignore asia and the massive demand. >> public opinion poll shows a lot of unease, but it's ironic because what the prime minister of canada stephen harper has been in asia recently a couple weeks ago the
also claims to the deal won't bring net benefits to the country. supporters say that the government has been short on the precise reasons as to why they have blocked this deal and they have been short on transparent city. what we know is petro bass has 30 days in which to adjust the terms before a final decision is made. speaking to us here the energy minister was very pragmatic and there were alternative investments that malaysia could pursue. >> if we have an opportunity to i in-vest in...
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Oct 25, 2012
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york city area and all of the northeast. let's take a look at this graphic here. there's the hurricane moving north through the bahamas. it bends offshore but over the weekend, it's affecting the carolinas with pretty good winds right along the coast. and then early next week, it bends in to the northeast. we have never had a storm come out of the topics and bend in like that. so the thinking is that somewhere from props the delaware bay area, south jersey area north, this is going to drive water all along the beaches. and this has the potential to cause tremendous damage along the coastline and the whole scenario we had with irene in new york city and the transportation problems and the power potential problems and all of that could be played out in this storm. it is not certain yet that it will be as strong as the computers are indicating. but right now, they are indicating an extremely strong storm with winds extending all the way to new england, coming ashore either on monday late in the day or early on tuesday. a lot mo
york city area and all of the northeast. let's take a look at this graphic here. there's the hurricane moving north through the bahamas. it bends offshore but over the weekend, it's affecting the carolinas with pretty good winds right along the coast. and then early next week, it bends in to the northeast. we have never had a storm come out of the topics and bend in like that. so the thinking is that somewhere from props the delaware bay area, south jersey area north, this is going to drive...
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Oct 26, 2012
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we need good upon city in the united states. simpson-bowles type deal with make all the difference and we would urge anyone who becomes president to get some of that done quickly. >> who would the markets like, romney or obama? >> i don't really know. >> markets always have a preference. >> people who vote for obama would say obama, people who vote no romney would say romney. >> but what would the markets say? >> business might modestly favor mitt romney, but it doesn't necessarily mean that's better for the markets or not. >> at jpmorgan, are you worried about the fiscal cliff situation and which way it could return in the month of december? >> there are two parts. one is actually what happens at the end of december and you can feel the effects of that before the end of the december. the second one is the real fiscal cliff, does the united states of america show it has the will and capability to fix its fiscal problems. i'm not worried as much for jpmorgan as i am for american business and more than that, the american jobs and
we need good upon city in the united states. simpson-bowles type deal with make all the difference and we would urge anyone who becomes president to get some of that done quickly. >> who would the markets like, romney or obama? >> i don't really know. >> markets always have a preference. >> people who vote for obama would say obama, people who vote no romney would say romney. >> but what would the markets say? >> business might modestly favor mitt romney, but...
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Oct 3, 2012
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because looking at the case, there were particular states and cities that weren't moving. core logic also shows that states are experiencing gains. is it an even pickup across the states? >> well, what's interesting is the markets that were the hardest hit with the highest ure rates have been ironically doing the best. so you have a city like phoenix, arizona, that no one would touch with a ten-foot stick, and right now, those prices have gone up 33% in the last 12 months. the reason for these turnaround states, portions of florida, certainly that everybody thought will never turn around, is because investors marched into that market early. why did they do it? because they could buy these homes so cheap and rent them out at enormous profits. so we really have the investors to thank for turning around the worst markets here in the u.s. but certainly now the homeowner is marching right behind them. >> i'm glad someone is chasing yield somewhere in the yield. if we look at arizona, idaho, nevada, utah, these are where the biggest appreciation has taken place. what's the strat
because looking at the case, there were particular states and cities that weren't moving. core logic also shows that states are experiencing gains. is it an even pickup across the states? >> well, what's interesting is the markets that were the hardest hit with the highest ure rates have been ironically doing the best. so you have a city like phoenix, arizona, that no one would touch with a ten-foot stick, and right now, those prices have gone up 33% in the last 12 months. the reason for...
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Oct 26, 2012
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the mgn grande in sin city hoping to do just that. we'll take you live for the latest on mgm's stay well rooms. >>> vegas gets a first today. hotel rooms designed to make you more healthy. the 44 wellness rooms debut at the mgn grande. each room has features designed to reverse jet lag and better regulate your body, while they say removing toxins and allergens. the hope is that health-conscious travelers will pay 20% to 30% more to stay in them. we have the features, co-founder, and president and coo of mgm grande drove the project through. both of them joining us live. thank you for joining us. we actually sent a camera crew to the rooms. >> great. >> the first thing we shot here is the shower. >> yeah. >> that injects -- look at the shower -- injects vitamin c into the stream. what is it for? >> vitamin c is great for your skin and hair and scripps cletr chlorine from water. guest enjoy smoother skin, better hair. >> the lights that mimic dawn and blue flashing lights that remove jet lag. >> the dawn simulator is the scientifically
the mgn grande in sin city hoping to do just that. we'll take you live for the latest on mgm's stay well rooms. >>> vegas gets a first today. hotel rooms designed to make you more healthy. the 44 wellness rooms debut at the mgn grande. each room has features designed to reverse jet lag and better regulate your body, while they say removing toxins and allergens. the hope is that health-conscious travelers will pay 20% to 30% more to stay in them. we have the features, co-founder, and...
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Oct 1, 2012
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as represented as well in the foot city global 300. up for the highs for the session up 15 points. ftse up around 3% for the quarter. today it is up if you take a look at it up a percent at the moment. ibex currently up 1.3%. bond yields coming down today. so in terms of spain and italy, which is the ones we're focused on, below 6% for spanish 1e7b year, yields lower in italy, as well.year, yields lower in italy, as well. occurrence ci euro dollar has bounced up during the session. dollar-yen 78. aussie dollar was dragged lower by those china pmis. again, just bounced off those lows. sterling slightly weaker on the back of the uk manufacturing pmi numbers that we also have out this morning. so that's where we are in the european session. let's recap the nation trading day. all the details out of sync pore. >> asian markets under pressure today, but volume was light because of the respective holidays. there are ongoing concerns in spain, aussie dollar rebounded a little, but under pressure ahead of tomorrow's rba reading. benchmark ended just a touch higher helped by banks. steel ma
as represented as well in the foot city global 300. up for the highs for the session up 15 points. ftse up around 3% for the quarter. today it is up if you take a look at it up a percent at the moment. ibex currently up 1.3%. bond yields coming down today. so in terms of spain and italy, which is the ones we're focused on, below 6% for spanish 1e7b year, yields lower in italy, as well.year, yields lower in italy, as well. occurrence ci euro dollar has bounced up during the session. dollar-yen...
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Oct 10, 2012
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the company has also been confronting walkouts in eight cities but the numbers have been relatively small. kelly. >> thanks for that, ross. apple has a pretty loyal customer base, perhaps none stronger than in teenagers. 40% of teens own and iphone. 44% own a tablet with the ipad make up three quarters of those devices. kids who plan to buy a new tablet, 43% say they'd be more likely to go with apple if it starts selling a smaller ipad and it's expected to do so sometime this fall. tell us what you think about the loyalty to apple. is it a sign perhaps of saturation? what's it mean for competitors? you can e-mail us here or tweet us. you can also reach us directly. ross? >> still to come on the show, the imf makes its feelings clear on the eurozone. we'll have more details when we come back. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to
the company has also been confronting walkouts in eight cities but the numbers have been relatively small. kelly. >> thanks for that, ross. apple has a pretty loyal customer base, perhaps none stronger than in teenagers. 40% of teens own and iphone. 44% own a tablet with the ipad make up three quarters of those devices. kids who plan to buy a new tablet, 43% say they'd be more likely to go with apple if it starts selling a smaller ipad and it's expected to do so sometime this fall. tell...
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Oct 19, 2012
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the chairman of the board at citi. >> that i don't know. i think executive compensation has much to do with this. >> you look at survey, ken, and unscientific they may be but the traders and bankers still believe that their comp is going up for the most part not down. are they delusional? >> i think they are delusional in this economy with this political, not economic and financial, just economic and financial, with this political uncertainty. my advice would be to executives and boards and et cetera be careful because there's an election in a month. it's a very volatile political atmosphere. and it's fair game executive comp in times of financial uncertainty. >> yeah. so you think that's the bigger factor -- most of the people on our air point to return on equity and the economic engine that drive earnings at these banks is not what it used to hence comp has to come down. do you think it's the fair if thoerp raise salaries and bonuses there would be hell to pay on the hill >> there's some concern about that. i do agree with you. i agree mo
the chairman of the board at citi. >> that i don't know. i think executive compensation has much to do with this. >> you look at survey, ken, and unscientific they may be but the traders and bankers still believe that their comp is going up for the most part not down. are they delusional? >> i think they are delusional in this economy with this political, not economic and financial, just economic and financial, with this political uncertainty. my advice would be to executives...
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Oct 8, 2012
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foot city 100 down three quarters. it was up last week. ibex down just under 1% at the moment. p but bond yields still pretty contains. so what are investors to do at the start of the new trading week? here's some of the thoughts already expressed on cnbc today. >> i think the dollar can trade against the euro. you mentioned the australian dollar. that's a little bit more complicated given that the slowdown in asia that we're seeing and in rba that's cutting rates. so it's only right that the aussie dollar is down. >> three point trade on the italian market, so you sell the 2023 paper, buy the 227 and sell the 2029. >> if they leave the euro, they have down side. my view now is that given the omts and what we're seeing, they're a buy. >> plenty more of course coming up throughout the day. meanwhile in britain, the chance lore george osbourne expected to announce further austerity measures in around 30 minutes. he's presenting his plan at the conservative party conference in birming hachl. beccy meehan has been there and she caught up with the chancellor and asked him if more au
foot city 100 down three quarters. it was up last week. ibex down just under 1% at the moment. p but bond yields still pretty contains. so what are investors to do at the start of the new trading week? here's some of the thoughts already expressed on cnbc today. >> i think the dollar can trade against the euro. you mentioned the australian dollar. that's a little bit more complicated given that the slowdown in asia that we're seeing and in rba that's cutting rates. so it's only right that...
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Oct 19, 2012
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for citi private bank, a group that advises a third of the world's billionaires. it's friday the 19th, the 25st anniversary of the 1987 market crash. the third hour of "squawk box" starts right now. ♪ ♪ here she comes now saying money, money ♪ >>> mcdonald's is down about $2.36 after a four-cent miss on the bottom line, $1.43 versus $1.47 although things were okay on the top line, revenue was actually above expectations or at least in line, 7.2 billion versus 7.14. the company goes on to say that we expect the near term top and bottom line growth to remain challenging and foreign currency contributed to this, eight cents, right to the bottom line. >> eight cents, maybe more than analysts expected. because i was surprised with the google news to hear currency was a bigger swing than what analysts expected. you could back that out and figure it out but i don't see anything else in here that would show why they would miss by such a large margin. same-store sales we have. >> global comps up 1.9%, maybe people in china either they're not having a coke with their
for citi private bank, a group that advises a third of the world's billionaires. it's friday the 19th, the 25st anniversary of the 1987 market crash. the third hour of "squawk box" starts right now. ♪ ♪ here she comes now saying money, money ♪ >>> mcdonald's is down about $2.36 after a four-cent miss on the bottom line, $1.43 versus $1.47 although things were okay on the top line, revenue was actually above expectations or at least in line, 7.2 billion versus 7.14. the...
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Oct 5, 2012
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boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> if you have any comments or questions about anything you see here on "squawk" e-mail uus at squawk@cnbc.com. >>> up next, president obama taking heat for his perform absence in the wednesday night presidential debate. nbc's political director chuck todd will join us next. and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but t
boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> if you have any comments...
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Oct 9, 2012
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but of course they want to block off the city that there will be any impromptu protests over the next couple of hours and they can't rule out that there will be clashes with the police as more and more people are trying to stream into the city center. >> carolyn, thank you very much. ap tha we'll check back with you later in the morning. >>> in the meantime let's turn other attention to what's happening in the stock market. we had a low volume session yesterday. but take the bond market gets back to work after a three day holiday. and by the way, in case you didn't remember, take is the fifth anniversary muof the dow d s&p 500 reaching an all-time high. kevin ferry joining us. we've gotten back near the all-time highs, but what would you say just in terms of what's happened over the last five years and where you think this is setting us up for. >> hard to hold, right? heading in the right direction, but difficult to stay on board. so in the near term, we talked about last week silver getting hit, it lost about a dollar from there. and you did reach 1465, 66, in the s&p on friday, but
but of course they want to block off the city that there will be any impromptu protests over the next couple of hours and they can't rule out that there will be clashes with the police as more and more people are trying to stream into the city center. >> carolyn, thank you very much. ap tha we'll check back with you later in the morning. >>> in the meantime let's turn other attention to what's happening in the stock market. we had a low volume session yesterday. but take the bond...
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Oct 25, 2012
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whether it be radio shack, the old lafayette, circuit city. i remember when sharp was running circuit city. when i shop at best buy now, it is absolutely true, you call them, you deal with them and you just say wow, i would rather have amazon deliver the product to my house. >> there's also linens and things, bed, bath and beyond is now the best retailer. how does bby in everything that's kmod advertised. i wonder if there's room for any kind of return. >> bed bath, the stock was down hideously. it's taking out the millennium day. i have a bed bath that's very close to me. it's the first one, they're a jersey company, and i keep trying to price what amazon has, this is an impulse place, it does a lot of couponing. jc penny moves away from coup couponing. i do think that best buy in the end makes easily checkable products. what is that samsung? what number did you have on that tv? and then i go to amazon, i go to best buy. i price compare. i had the misfortune of trying to buy 60 inch best buy tv. i not that long ago, i wanted to do it on the p
whether it be radio shack, the old lafayette, circuit city. i remember when sharp was running circuit city. when i shop at best buy now, it is absolutely true, you call them, you deal with them and you just say wow, i would rather have amazon deliver the product to my house. >> there's also linens and things, bed, bath and beyond is now the best retailer. how does bby in everything that's kmod advertised. i wonder if there's room for any kind of return. >> bed bath, the stock was...
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Oct 18, 2012
10/12
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new jeep wrangler. >> it reinforces the special relationship between chrysler and the city of toledo. >> they have put a tremendous amount of new investment into the toledo operations, really gives them a new lease on life. if we were standing here four or five years ago, there was a possibility there would be no jeep toledo operations if the chrysler corporation would have been allowed to fail. >> reporter: three years ago at gm and chrysler slid towards bankruptcy, suppliers like seaway bolt outside of cleveland were forced to lay off workers. since then auto suppliers in ohio have added nearly 4,000 jobs, all part of meeting greater demand because auto sales are now at a four-year high, and more importantly for workers in ohio, the industry is not slowing down. >> it's a blessing to be working in the auto industry. >> nice hours, 40-hour weeks, making tons of cars, everything's good. >> reporter: the bottom line in terms of auto production and the ramp-up that we've seen here in ohio expected to continue for the foreseeable future and there are even some people, guys, who are talk
new jeep wrangler. >> it reinforces the special relationship between chrysler and the city of toledo. >> they have put a tremendous amount of new investment into the toledo operations, really gives them a new lease on life. if we were standing here four or five years ago, there was a possibility there would be no jeep toledo operations if the chrysler corporation would have been allowed to fail. >> reporter: three years ago at gm and chrysler slid towards bankruptcy, suppliers...
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Oct 1, 2012
10/12
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oon into tomorrow the rain begins to move up into places c. and new york city. on wednesday, more rain to contend with moving up across a good chunk of new england. so next couple of days not looking so great here in the northeastern part of the nation. detroit in the cool, greatish sort of day with the middle 60s. while that's going on, we have a bit of a chill down on the way. for monday, temperatures across the northern plains in the northern rockies going to be mild. 10 to 15 degrees above average. but cold front comes through, the bottom drops out. 20 degrees below average in billings by wednesday. back on to you. >>> we'll take a quick break, talk presidential politics and what paul ryan says about the romney/ryan tax plan. chools in e world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. mike
oon into tomorrow the rain begins to move up into places c. and new york city. on wednesday, more rain to contend with moving up across a good chunk of new england. so next couple of days not looking so great here in the northeastern part of the nation. detroit in the cool, greatish sort of day with the middle 60s. while that's going on, we have a bit of a chill down on the way. for monday, temperatures across the northern plains in the northern rockies going to be mild. 10 to 15 degrees above...
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Oct 17, 2012
10/12
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better. >> right. >> and that's one of the things citi stock has not done and b of a has add big run year-to-date. if it doesn't keep performing well, you'll probably start hearing more talk about brian moynihan regardless of how well he's doing on the fundamental side. >> jeff, how comfortable were you yesterday with how this news of vikram pandit's ouster was announced or completed by the board? seemed to have happen obviously literally seemed to happen overnight and happened overnight. does it make you anxious, nervous, are you happy about it? how do you feel? >> no, it definitely makes me nervous. any time you get a management departure quickly kind of suddenly like that, it implies there's some underlying problem. now, last night on the conference call, you know, both the chairman and the new ceo said up and down in a very regfd forum, there's no issues, nothing coming on settlement front implying libor. i think if that's the case, it's not concerning. i think it's a little disappointing because i think vikram had the company moving in the right direction. but he's good. i don't
better. >> right. >> and that's one of the things citi stock has not done and b of a has add big run year-to-date. if it doesn't keep performing well, you'll probably start hearing more talk about brian moynihan regardless of how well he's doing on the fundamental side. >> jeff, how comfortable were you yesterday with how this news of vikram pandit's ouster was announced or completed by the board? seemed to have happen obviously literally seemed to happen overnight and...
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Oct 22, 2012
10/12
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the more the government grows in every place, every place, states, cities, and the fed, the more they grow, the more they have to tax. and so at the end of the day, why is it that ten states with no state income tax do better than all the rest of the states? why is it? people don't get it. >> right, and we can't do it, we can see the way it works with states because the businesses and people moving in and out of state. when you do it at the federal level, that's why it goes abroad. >> texas has no state income tax, how do they do it, tennessee answer florida and ne nevada has no income tax. they manage to do it, it's amazing. >> more with mike until a second. >>> coming up, aerngz season, economic data and the european recovery. is that in quotation market? "squawk box" will be right back. >>> this wednesday, a special "squawk box" event, warren buffett on the economy, the election, and avoiding the fiscal cliff. two hours with one of the world's richest men, buffett, "squawk box," wednesday, starting at 7:00 a.m. eastern. rise above. he numbers... ...and listening to your instinct. d
the more the government grows in every place, every place, states, cities, and the fed, the more they grow, the more they have to tax. and so at the end of the day, why is it that ten states with no state income tax do better than all the rest of the states? why is it? people don't get it. >> right, and we can't do it, we can see the way it works with states because the businesses and people moving in and out of state. when you do it at the federal level, that's why it goes abroad....
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Oct 26, 2012
10/12
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yesterday in new york city the family of kevin krim our head of digital operations was the victim of an incomprehensible crime. two of his children tragically and also sadly died. in a statement to the staff cnbc president mark hoffman said, there is simply no words to convey the magnitude of this tragedy. what we can do is come together to express our unwavering support for a friend in need. all of us at cnbc and at nbc universal will be there for kevin, marina and their family. we ask that you our viewers keep his family in your hearts as we do we, his friends and colleagues here at cnbc. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> rising above to find america's fiscal solutions. >> we need to prevent huge damage to the economy in the sho
yesterday in new york city the family of kevin krim our head of digital operations was the victim of an incomprehensible crime. two of his children tragically and also sadly died. in a statement to the staff cnbc president mark hoffman said, there is simply no words to convey the magnitude of this tragedy. what we can do is come together to express our unwavering support for a friend in need. all of us at cnbc and at nbc universal will be there for kevin, marina and their family. we ask that...
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Oct 10, 2012
10/12
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he needs the urban cities in ohio to turn out with big, big numbers. otherwise this thing gets very tricky for the president. >> yesterday, eamon, cnn opinion research had obama up four in ohio. but another poll, arg had romney up one. there's a new poll out today, came out today, survey usa has obama up one, 45% to 44% in ohio. >> i guess it depends on how many democrats you poll and how many republicans. >> that's true too. >> and that's why the debate is so important. because that deals with the energy and enthusiasm of your political base and that gets the turnout. if democrats are feeling muted and down beat after the debate, they might not be as fired out to go out and get their friends and rent a van and go to the polling place. the same thing with the republicans on the flip side. the enthusiasm and turnout on the base is going to matter in ohio. >> eamon, thank you. >> you bet. >> okay. are you a nationals fan? >> i'm -- i'm not. i'm not a baseball guy. so, but they're having a good year down here and redskins are doing all right too. >> yeah,
he needs the urban cities in ohio to turn out with big, big numbers. otherwise this thing gets very tricky for the president. >> yesterday, eamon, cnn opinion research had obama up four in ohio. but another poll, arg had romney up one. there's a new poll out today, came out today, survey usa has obama up one, 45% to 44% in ohio. >> i guess it depends on how many democrats you poll and how many republicans. >> that's true too. >> and that's why the debate is so important....
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Oct 11, 2012
10/12
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for new york to be specific for the city, what you can expect today, temperatures going to 53 by noon. we can expect a few more clouds into the afternoon and evening. temperatures going up just a little bit by 6:00 p.m. popping out around 55. and then into the late night hours, we can expect skies to be hazy, but then the clouds moving in around midnight. 52. from the northeast out to the west, that's really the sore spot in terms of rough weather around the country. we have the heavy rain, strong winds. might have backups for you at l.a.x. where temperatures today expecting to go to 70 degrees. along the channel, heavy rainfalls. san francisco, scattered showers there possibly, but that should kind of give way to some pretty between conditions in the afternoon. and the mys in nevada, thunderstorms to deal with and that may be the situation in reno. but for l.a., scattered showers and 67 degrees. by nighttime, we're going right back down into the low 60s. possibly some marine layer by tomorrow morning. that's a quick snapshot of your forecast. back to you in new york. >> thank you ver
for new york to be specific for the city, what you can expect today, temperatures going to 53 by noon. we can expect a few more clouds into the afternoon and evening. temperatures going up just a little bit by 6:00 p.m. popping out around 55. and then into the late night hours, we can expect skies to be hazy, but then the clouds moving in around midnight. 52. from the northeast out to the west, that's really the sore spot in terms of rough weather around the country. we have the heavy rain,...
SFGTV2: San Francisco Government Television
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Oct 13, 2012
10/12
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cities in the world, the most -- the cities that are worth your affection and that express to the rest of the world their taste of friendship, fraternity, friendship and for that we have to be together, we have to wan -- want to draoe yait toing and we want to make sure that this memorandum of understanding, this understanding between paris and san francisco be a final way of saying to each other it's happiness to live in both san francisco and paris together. thank you very much. [applause]. >> my presence to san francisco is maybe not as symbolic as the golden gate. i done have with me works of art that express when the banks of the san river won't have anymore cars that i started recently, but parisian artists know how to do things that we like a lot, so this is an object that is very symbolic of paris for you. [applause]. >> so, there's little christo and bakarage. >> what's wrong? what's wrong? >> [inaudible]. >> he's not happy? what's going on? >> how beautiful. i'm going to put your picture in it. beautiful. >> thank you, mayor. isn't the french language absolutely so exciting,
cities in the world, the most -- the cities that are worth your affection and that express to the rest of the world their taste of friendship, fraternity, friendship and for that we have to be together, we have to wan -- want to draoe yait toing and we want to make sure that this memorandum of understanding, this understanding between paris and san francisco be a final way of saying to each other it's happiness to live in both san francisco and paris together. thank you very much. [applause]....
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outskirts of the city policy as the latest. we continue to receive contradictory reports as to what is happening inside bani walid on the one hand we're hearing from pro-government sources that the city has fallen and that it is in the hands of the army but we're hearing exactly the opposite from our own sources and those are people who have family inside the city and who hearing firsthand information now it's taken us almost three days to make contact with a local resident of the city that also gives you a sense of whether or not the statement that the situation is under control is in fact accurate. the situation is very difficult the city is almost completely destroyed residents are buried in the rubble many among the victims are children and the elderly and there are even more children and elderly using your channel we are appealing to the whole of our city is dying what's happening in bani walid everyone just attacked it is just armed forces where is there a legitimate government the announce a country of law a country of j
outskirts of the city policy as the latest. we continue to receive contradictory reports as to what is happening inside bani walid on the one hand we're hearing from pro-government sources that the city has fallen and that it is in the hands of the army but we're hearing exactly the opposite from our own sources and those are people who have family inside the city and who hearing firsthand information now it's taken us almost three days to make contact with a local resident of the city that...
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in around six months as a factory just outside of the white city about hunger and in two thousand and six following as much fanfare that would normally accompany the launch of a new ocean liner the floating power plant made its maiden as well as final voyage to. and just like the original it was towed on pontoons into the bay instead of tearing down the existing structure they left it in place and simply attached. to the face of it which by the way had been made a monument to russian science and technology. outfitted with new digital equipment the original control room still remains the hub of human activity here surprisingly simple an actual operation. power plant can be. just a few workers. need. any machine. which can be mounted. in the process of converting. tricity is rather straightforward as well get the turbine spinning it operates pretty much like all other power generation plants out there because of the. vertical. turbine. to create electricity. construction. the past year one and a half. power. plant . produced so too was the generator. here. on a tried and true fact to co
in around six months as a factory just outside of the white city about hunger and in two thousand and six following as much fanfare that would normally accompany the launch of a new ocean liner the floating power plant made its maiden as well as final voyage to. and just like the original it was towed on pontoons into the bay instead of tearing down the existing structure they left it in place and simply attached. to the face of it which by the way had been made a monument to russian science...
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Oct 3, 2012
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union. >> 31 people are dead in the syrian city of aleppo after a suicide bombing in the government controlled part of the city. >> aleoppo has been a major battleground. the two sides seemed to be deadlocked. >> deep craters in the crate a huge amount of explosives was used in this attack. months of warfare have reduced the once magnificent buildings in the square to ruins. wednesday's explosions ripped through a military office club and a hotel. it is caught most of those killed were government soldiers. -- thought most of those killed were government soldiers. >> we condemn these crimes and we contain the nation's plotting against us to support the terrorists. >> ralph forces suspected of carrying out the attack announced last week a new offensive aimed at retaking the city. these images from tuesday's show clashes between government forces and rebels in the city. the rebels are seeking to advanced street by street from the east. the army has control of the west. neither side appears to have made significant gains. president bashar al-assad is said to have ordered thousands of re
union. >> 31 people are dead in the syrian city of aleppo after a suicide bombing in the government controlled part of the city. >> aleoppo has been a major battleground. the two sides seemed to be deadlocked. >> deep craters in the crate a huge amount of explosives was used in this attack. months of warfare have reduced the once magnificent buildings in the square to ruins. wednesday's explosions ripped through a military office club and a hotel. it is caught most of those...
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Oct 13, 2012
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drug trafficking and crimes is big in marseille, just like in any of the port city, and the gangs that dominate the scene have been involved in a brutal war for months now. more than 20 people have been killed since the beginning of this year. >> the northern district of marseille are rundown and neglected. drug gangs rule supreme here. they control entire housing estates, guarding the entrance is. we would not have dared to come here unaccompanied. the streets are no go areas. normally camera crews are driven away forcibly. we have a former police officer with us. he investigated crime here for 20 years. he and his colleagues were not often successful, but they managed to catch some dealers. over time, he got to know their methods. >> look to the left -- that is a place where they sell drugs. there's one of the lookouts waiting for customers. the lookouts watch to see which cars drive by. the system works like a road block. they are responsible for keeping unwanted visitors out and morning their associates. that way they stop the dealers from getting caught. >> tons of cannabis and co
drug trafficking and crimes is big in marseille, just like in any of the port city, and the gangs that dominate the scene have been involved in a brutal war for months now. more than 20 people have been killed since the beginning of this year. >> the northern district of marseille are rundown and neglected. drug gangs rule supreme here. they control entire housing estates, guarding the entrance is. we would not have dared to come here unaccompanied. the streets are no go areas. normally...